Congressional Budget Office

White House Press Secretary Robert Gibbs said Friday that the tax deal passed through the House early Friday morning was not a bitter pill to swallow because it had more in it that President Obama wanted than stuff Republicans did. “We go…

Almost no one noticed, but last night, the House took up S. 987, The International Protecting Girls by Preventing Child Marriage Act of 2010. For many, this is an easy issue to forget. Child brides across the world have no lobby to maintain cong…

Treasury Secretary Timothy Geithner told a congressional Oversight Panel this morning that the cost of the federal financial rescue program will ultimately be only a “fraction” of the cost originally estimated by the Congressional Budg…

Trent Lott is a Millionaire. So is his lobbying partner John Breaux. And Tony Podesta. Now Peter Orszag, at age 41, has a Salary reportedly around $2 million or $3 million. Imagine these men never got into government: Would their wealth, income, a…

Can someone tell me why the same guy, at the same Ratings agency, does a 180 in less than one week, when the deal hasn’t changed an iota? December 7, 2010: Moody’s Says Tax Rates Won’t Lead to U.S. Downgrade By Susanne Walker &…

The Pharmaceutical Industry is on the verge of a major victory as the lame-duck congressional session winds down. An effort to severely restrict Pharmaceutical Industry deals from delaying the entry to the market of low-cost generic drugs appear…

Like this Story? Share it: (AP) President Barack Obama's plan to cut Payroll taxes for a year would provide big savings for many workers but makes Social Security advocates nervous that it could jeopardize the Retirement program's finances. The p…

WASHINGTON— President Barack Obama’s plan to cut Payroll taxes for a year would provide big savings for many workers but makes Social Security advocates nervous that it could jeopardize the Retirement program’s finances. The pla…